Press Releases

New Delhi, November 20, 2017: With the growing demand for smartphones and falling data prices are likely to increase digital advertising spend in India from the current level of Rs 9,800 crore to Rs 13,000 crore by December 2018 growing at a compound annual growth rate (CAGR) of 35 per cent, according to ASSOCHAM.

New Delhi, November 18, 2017: With corporate India placing most energies on rationalising costs, including the wage costs , and trying to deleverage its balance sheet, the hiring outlook in the private sector , is expected to stay muted till beginning of fiscal 2018-19, an ASSOCHAM assessment , based on its feedback from members has indicated.

New Delhi, November 17, 2017: The government is trying to push Indian digital economy to USD 1 trillion in the next 5-7 years and also two consultant firms are working on its roadmap, Mr Ravi Shankar Prasad said at an ASSOCHAM event held in New Delhi today.

New Delhi, November 17, 2017: The Government of India has been able to follow an approach of clarity, consistency, conviction under Prime Minister Narendra Modi’s governance in the last two-three years which is very visibly apparent be it in Kashmir, the north-east or the left-wing militancy affected areas, Union Minister, Dr Jitendra Singh said at an ASSOCHAM event held in New Delhi today.

New Delhi, November 16, 2017: Bangladesh, the so-called friend of India poses a much bigger security threat compared to China or Pakistan, Union Minister of State for Home Affairs, Mr Hansraj Gangaram Ahir said at an ASSOCHAM event held in New Delhi today.

New Delhi, November 15, 2017: The retail market in India is likely to reach US$1.1 trillion by 2020 from the current level of US$ 680 billion, according to the just published study jointly by MRRSIndia.com and ASSOCHAM.

New Delhi, November 13, 2017: Batting surely for affirmative action , India Inc is opposed to any move to bring in reservation in the private sector as the same would certainly be a big dent on the country's investment climate and negate the perception advantage given by a jump in the World Bank Ease of Doing Business Index, ASSOCHAM today cautioned.

New Delhi, November 11, 2017: After its launch in July 2017, there has been a temporary slowdown post implementation of Goods and Services Tax (GST) even though Government of India has ideated and implemented a number of initiatives to improve business conduciveness, noted a recent ASSOCHAM-EY joint study.

New Delhi, November 10, 2017: The ongoing tourism season which is yet to pick up, could see a maximum hit with the Delhi and NCR pollution likely to economic impact in sectors like tourism, transport, automobile and real estate, an ASSOCHAM paper has said.

New Delhi, November 9, 2017: The government is working on creating domestic capacity for the equipments being imported in the country, said Mr Sunil Barthwal, Joint Secretary, Ministry of Steel at an ASSOCHAM event held in New Delhi today.